The IPO process slowed down significantly in the first half of the year due to the impact of the epidemic, and the number of IPOS in the US stock market from April to May fell to the lowest level in 10 years.

However, as the stock market recovered recently, companies resumed the IPO process, and the number of IPOS filed in Q3 was five times that in Q2.

Tech stars such as Airbnb, Snowflake and Robinhood have announced plans to launch ipos in the second half of the year.

Why the rush to go public? It will be too late…

Like Airbnb, it has been listed for a long time, but it never rains. Under the epidemic this year, Airbnb was once reported bankruptcy, just when everyone thought it was cool, last month it was announced that it will be a secret IPO!

This kind of active IPO company, mostly in order to change money! Without enough cash, Airbnb may not be able to survive the pandemic. Before, they didn’t want to IPO, but now they can’t afford not to. Then there’s Doordash, which is just throwing money at the market and expanding its footprint.

Others are under pressure from investors and employees to liquidate before the November election. The stock market is booming, and you can make more money by going public. By contrast, the situation at the end of the year is really hard to estimate, or perhaps a loss?

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Star unicorn with unlimited cash, new job options

Among the many companies that have filed for ipos are some star unicorns that might be a good idea to try out for job seekers who have had such a hard time landing at FANNG this year 👇

Airbnb: Valuation cut in half, but staying power

Airbnb, which officially filed for an IPO in the US on Aug 19, is arguably one of the hottest ipos of 2020, even though its performance has been hit hard by the pandemic and its valuation has dropped to $18 billion from its peak of $31 billion.

But CEO Brian Chesky said in a recent interview that Airbnb is now on track to generate more business in 2020 than the year before.

In addition, the epidemic situation is gradually stabilizing, and Airbnb’s business is gradually picking up, and its development prospects are still promising. Recently, Airbnb also started the recruitment plan before listing, releasing many Engineer positions on its official website 👇

Snowflake: Doubling revenue in one year!

Snowflake, a fast-growing cloud storage company founded in 2012, filed to go public on Nasdaq in late August, with Goldman Sachs and Morgan Stanley as co-underwriters.

One of the most promising things about Snowflake is its revenue growth rate. According to the IPO filing, Snowflake’s revenue topped $100 million in 2019, up 174% from the year before.

Snowflake is also releasing a number of CS and Data related positions, including senior positions and Intern positions 👇

Robinhood: 3 million users, quiet money

Robinhood, founded in 2013 as a fee-free stock trading platform, has seen an influx of young investors, adding 3 million new clients since the start of the year, as retail investors in the US have more time to invest thanks to quarantine and the closure of sports betting and casinos. So that its daily trading volume exceeds all online competitors, can be said to be silent in the epidemic made a fortune.

Since it is a stock trading platform, the increase of business volume also makes Robinhood increase investment in security, and the demand for talents naturally increases a lot. Recently, Robinhood has released many SWE posts and Data posts 👇

It’s like Doordash

Doordash filed for an IPO back in February, which was delayed due to the pandemic, but the latest news is that the company plans to launch an IPO in the US in the fourth quarter.

The company was also a beneficiary of the pandemic. DoorDash captured 46% of the TOTAL U.S. food delivery market by the end of June compared to the same period last year, according to Statista, capturing almost half of the U.S. food delivery market.

Doordash is also on a hiring spree due to its huge business volume and expansion (fresh food delivery service), filling software engineer and data scientist positions 👇

Instacart, a grocery delivery platform, and Asana, a corporate office software, have also filed for ipos.

These enterprises have a very good “money” force, in this year’s job search so difficult circumstances, these enterprises are also the best choice outside the big factory, haven’t landed students can seize the opportunity!